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Oakland Neighborhood Chicago Real Estate Market Update May 2019

Real Estate In Oakland, Chicago is a sellers’ market with low inventory of homes in Oakland, Chicago and a lot of buyer interest. There is a 3.33 months supply of inventory on the market in Oakland, Chicago on December 31, 1969.Now is the Time to Sell! The average market time for a Single Family Homes to sell in Oakland, Chicago last month was 246 days. It took on average 18 days to sell Oakland, Chicago Condo, Townhouse or a Duplex.
The number of home sales in Oakland, Chicago from April 1, 2019 through April 30, 2019 was 6 units. That is 1% above the number of homes sold last month in Oakland, Chicago.
The average price per square foot in the area is now $114/Sq.Ft, which is 8% a decline from last month.

In Oakland, Chicago there were 1 units sold in April in the price range between $149,000 – $219,388 with an average of 2 bedrooms and 2 bathrooms and average Square footage of 1,250SF.

In Oakland, Chicago there were 4 units sold in April in the price range between $219,389 – $370,887 with an average of 3 bedrooms and 2.3 bathrooms and average Square footage of 3,059SF.

In Oakland, Chicago there were 1 units sold in April in the price range between $370,888 – $452,000 with an average of 5 bedrooms and 3.1 bathrooms and average Square footage of 3,150SF.

The middle price range had the most activity. Homes up to $370,887 were on the market on average 132 days and sold an average of $284,412.

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